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Examples
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"Given that Finisar supplies to Alcatel-Lucent and Ericsson, we view Finisar's results and weak guidance as negative for both stocks," said Didier Scemama, analyst at Royal Bank of Scotland, in a note.
European Shares Decline Michele Maatouk 2011
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U.S. fiber-optic-equipment maker Finisar delivered a disappointing fourth-quarter forecast late Tuesday, saying it sees further inventory correction and a slowdown in China.
European Shares Decline Michele Maatouk 2011
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Protective sentiment also flowed into options activity in Finisar as its shares fell $1.97, or 9.6%, to $18.46.
After Rally, Tech Stocks Awash in Bearish Bets Chris Dieterich 2011
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Put volume in Finisar's options was the most in six weeks, Trade Alert data showed.
After Rally, Tech Stocks Awash in Bearish Bets Chris Dieterich 2011
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Helping drag down the group were shares of Finisar, off about 35.6% and shares of Opnext off about 17.1% on the day.
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More Traders Mostly Shrug Off Oil's Spike Fiber-optic equipment maker Finisar tumbled 15.43, or 39%, to 24.61, after its fiscal third-quarter earnings more than tripled, but it offered a weak forecast for the current quarter.
Stocks Ease Lower; Boston Beer Loses 4.3% Kristina Peterson 2011
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Fiber optics networking equipment company Finisar reported fiscal first quarter results after the close of trading yesterday.
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This recent Multi-Source Agreement (MSA) was announced in March 2009, with Finisar as one of its founding members.
Next-generation Ethernet interfaces Christian Urricariet 2010
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Shares of Finisar jumped nearly 15% in trading Friday.
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Better than expected business reports from Altera and Finisar suggest that Intel's issues are mix related, not a fall into recession or start of a new semiconductor downturn.
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